Contreras Lerdo de Tejada Leonardo 4
Research Summary
AI-generated summary
Southern Copper (SCCO) Director Leonardo Contreras Receives Award
What Happened Leonardo Contreras (director) was granted a total of 600 shares of Southern Copper (SCCO) on January 29, 2026 — two awards of 200 and 400 shares. No purchase price is reported (awarded shares, price listed as N/A). These were director compensation awards (not open-market buys or sales) and therefore do not represent a cash purchase or sale.
Key Details
- Transaction date: 2026-01-29 (filed on 2026-02-02 — within the Form 4 two-business-day filing window).
- Transaction code: A (award/grant). Reported as two awards: 200 shares and 400 shares; price: N/A.
- Shares owned after transaction: the filing notes the post-transaction total includes 244 shares paid as dividend payments in 2025; the excerpt does not list a single aggregate beneficial-ownership number.
- Footnotes: awards were issued under the Issuer’s Directors’ Stock Award Plan — one award for “perfect attendance as a director” (F1) and one for “service as a director” (F4). Transactions are reported as exempt under Rule 16b-3(d). (F2 and F5 marked N/A.)
- Filing timeliness: filed Feb 2, 2026 for a Jan 29, 2026 transaction — appears timely.
Context Director awards like these are routine compensation for service or attendance and are recorded as grants rather than market purchases or sales. They are generally treated as standard director pay and should not be interpreted by themselves as a direct bullish or bearish signal.